Norway Construction Market Summary, Competitive Analysis and Forecast to 2027

Construction in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The construction market is defined as the value of work put in place annually for both, residential and non-residential construction.
The Norwegian construction industry had total revenues of $83,869.6 million in 2022, representing a compound annual growth rate (CAGR) of 4% between 2017 and 2022.
The non-residential construction segment accounted for the industry's largest proportion in 2022, with total revenues of $48,985.2 million, equivalent to 58.4% of the industry's overall value.
The final household consumption expenditure on housing per household in Norway stood at $22,391.3 in 2021, an increase of 16.7% from the previous year, according to in-house research.

Scope

Save time carrying out entry-level research by identifying the size, growth, and leading players in the construction market in Norway
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Norway
Leading company profiles reveal details of key construction market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Norway construction market with five year forecasts by both value and volume

Reasons to Buy

What was the size of the Norway construction market by value in 2022?
What will be the size of the Norway construction market in 2027?
What factors are affecting the strength of competition in the Norway construction market?
How has the market performed over the last five years?
How large is Norway’s construction market in relation to its regional counterparts?

Frequently Asked Questions about the Norwegian Construction Market

What is the estimated value of the Norwegian Construction Market?

The Norwegian Construction Market was estimated to be valued at $83.87 Billion in 2022.

What is the growth rate of the Norwegian Construction Market?

The growth rate of the Norwegian Construction Market is 4.0%, with an estimated value of $102.35 Billion by 2027.

What is the forecasted size of the Norwegian Construction Market?

The Norwegian Construction Market is estimated to be worth $102.35 Billion by 2027.

Who are the key companies in the Norwegian Construction Market?

Key companies in the Norwegian Construction Market include Veidekke ASA, AF Gruppen ASA, Aibel AS and Skanska AB.

Report Attribute	Details
No. of Pages	47
Published	May 2023
Forecast Period	2022 - 2027
Estimated Market Value ( USD ) in 2022	$ 83.87 Billion
Forecasted Market Value ( USD ) by 2027	$ 102.35 Billion
Compound Annual Growth Rate	4.0%
Regions Covered	Norway

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the key players in this sector?
7.2. What strategies do leading players follow?
7.3. How is technology shaping the construction industry in Norway?
7.4. Have any leading players secured important contracts this year?

8 Company Profiles

8.1. Veidekke ASA
8.2. AF Gruppen ASA
8.3. Aibel AS
8.4. Skanska AB

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher

List of Tables

Table 1: Norway construction industry value: $ million, 2017-22
Table 2: Norway construction industry category segmentation: % share, by value, 2017-2022
Table 3: Norway construction industry category segmentation: $ million, 2017-2022
Table 4: Norway construction industry geography segmentation: $ million, 2022
Table 5: Norway construction industry value forecast: $ million, 2022-27
Table 6: Veidekke ASA: key facts
Table 7: Veidekke ASA: Annual Financial Ratios
Table 8: Veidekke ASA: Key Employees
Table 9: AF Gruppen ASA: key facts
Table 10: AF Gruppen ASA: Annual Financial Ratios
Table 11: AF Gruppen ASA: Key Employees
Table 12: Aibel AS: key facts
Table 13: Aibel AS: Key Employees
Table 14: Skanska AB: key facts
Table 15: Skanska AB: Annual Financial Ratios
Table 16: Skanska AB: Key Employees
Table 17: Skanska AB: Key Employees Continued
Table 18: Norway size of population (million), 2018-22
Table 19: Norway gdp (constant 2005 prices, $ billion), 2018-22
Table 20: Norway gdp (current prices, $ billion), 2018-22
Table 21: Norway inflation, 2018-22
Table 22: Norway consumer price index (absolute), 2018-22
Table 23: Norway exchange rate, 2018-22

List of Figures

Figure 1: Norway construction industry value: $ million, 2017-22
Figure 2: Norway construction industry category segmentation: $ million, 2017-2022
Figure 3: Norway construction industry geography segmentation: % share, by value, 2022
Figure 4: Norway construction industry value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the construction industry in Norway, 2022
Figure 6: Drivers of buyer power in the construction industry in Norway, 2022
Figure 7: Drivers of supplier power in the construction industry in Norway, 2022
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Norway, 2022
Figure 9: Factors influencing the threat of substitutes in the construction industry in Norway, 2022
Figure 10: Drivers of degree of rivalry in the construction industry in Norway, 2022